If you think office space is at a premium because of the recovery, you're wrong.
While some office space may be going for premium prices, there's a $5.5 trillion dollar "market" of unused space in America. And the spectre of that space is quietly changing the way office space is viewed — by landlords as well as occupants.
"What are we doing to do with all that excess capacity?" asked John Vivadelli, CEO of AgilQuest, provider of software and services design to enhance corporate space utilization. His answer: It will be rationalized as companies finally right-size their office space needs.
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Dan Cook
Dan Cook is a journalist and communications consultant based in Portland, OR. During his journalism career he has been a reporter and editor for a variety of media companies, including American Lawyer Media, BusinessWeek, Newhouse Newspapers, Knight-Ridder, Time Inc., and Reuters. He specializes in health care and insurance related coverage for BenefitsPRO.
